Fisheries

A reform of an Argentine law that would force many foreign companies to drop the fishing permits granted to them by the British-controlled Falklands/Malvinas Islands will be passed next April, Congressional sources in Buenos Aires told MercoPress.

Twenty eight of the 34 crew members of the South Korean flagged fishing vessel Insung 207, which was lost in the South Atlantic, arrived in Montevideo over the weekend together with the bodies of four dead comrades.

Chile's fisheries exports reached 1.24 billion US dollars during the first ten months of 2006, which represents a 7.9% increase over the same period a year ago according to the country's National Fisheries Society, Sonapesca.